When Stereo 974 was originally 3WRB it was very much a public access format community radio station.
Then, when the new Station Manager took over in the (late?) 90s, a lot of programs were shown the door.
It became a middle of the road (and later country) music format during the day, with ethnic programing after 6pm.
Through the CBF, the ethnic programs brought in a fair chunk of cash... enough to pay the Station Manager.
Word is pretty much ruled the place with an iron fist and the small board was stacked with his people.
Anyway, near the end of the station's existence, the CBF rules/funding changed for ethnic programming. A lot less money to be had (also affacted 94.7 The Pulse in Geelong).
Around this time, the was an article saying 'due to lack of community support' the station would be shutting down.
Leading up to this point, there was never a mention on their Facebook page or website or on-air that there were struggling and needed the community's help. Any other community station facing this situation normally shouts from the tree tops they need help.
Instead, they quietly switched off the FM transmitter, while the ethnic broadcasters at the station (who didn't know this was going on) continued to broadcast via the station website for another two days before that stream was switched off.
Now, when the station equipment got sold afterwards, someone might have to do some research and find out where the money for that ended up.